Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
In a bear market all stocks go down and in a bull market they go up.
( Jesse Livermore )
An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
( Newton )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
Buy not on optimism, but arithmetic.
( Benjamin Graham )
There is no such thing as no risk. There’s only this choice of what to risk, and when to risk it.
( Nick Murray )
The most dangerous people in the world are very smart traders who have never gotten their teeth kicked in.
( F. Helmut Weymar )